Find a Castle Vale Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Castle Vale? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Castle Vale transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Castle Vale conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Castle Vale

The Castle Vale conveyancing firm handling our Castle Vale conveyancing has spotted a difference between the surveyor’s assumptions in the valuation survey and what is revealed within the legal papers for the property. My solicitor says that he is duty bound to check that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action right?

Your conveyancer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

I own a freehold premises in Castle Vale but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Castle Vale and has limited impact for conveyancing in Castle Vale but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.

Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Due to the advice of my in-laws I had a survey completed on a house in Castle Vale before retaining lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will not give a loan on this type of home.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Castle Vale. Conveyancing may be slightly more expensive based on your lender's requirements.

How does the Landlord & Tenant Act 1954 affect my business property in Castle Vale and how can you help?

The 1954 Act gives a safeguard to business leaseholders, giving them the legal entitlement to apply to court for a new lease and remain in occupation at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Castle Vale

We are a couple of weeks into a residential purchase having been recommend to conveyancers by the estate agent to execute conveyancing in Castle Vale. We are not happy. Could you help me find new lawyers?

They would have to be really poor to suggest diss instructing them. Has the mortgage been issued? In the event that it has you must make them aware of the new contact details and get the offer are re-sent. Your new conveyancer needs to be on the mortgage company panel to avoid added expenses and complications. So that should be your starting point. Our search tool should assist you in finding a lender approved lawyer for your home move in Castle Vale

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Find out more about how flying freehold can affect your the value of a property.